FTANew companies must register for Corporate Tax within 3 months of incorporation. Late registration costs AED 10,000.

RAKEZ
Free zone company formation

RAKEZ Free Zone Company Formation

RAKEZ combines low cost licences with industrial land and warehouses, making it a strong choice for manufacturers, traders and cost conscious start ups.

  • Ras Al KhaimahLocation
  • AED 5,999Packages from
  • 100%Ownership
  • Industry and logisticsStrength
Overview

About RAKEZ

The Ras Al Khaimah Economic Zone brings together free zone and non free zone business parks across the emirate, from flexi desks to land plots and warehouses. It is known for industry, logistics and education, and for licences that cost less than in Dubai.

Our RAKEZ packages range from a Silver licence with a flexi office to a Premium package with a year of accounting, VAT and corporate tax compliance included.

Authority

Ras Al Khaimah Economic Zone

Best suited to

Manufacturers and industrial projects; Trading companies needing warehouses; Start ups on a tight budget; Education and training providers.

Why set up here

Benefits of RAKEZ

Low entry cost

Packages from AED 5,999.

Industrial land

Plots, factories and warehouses.

Broad activities

Commercial, industrial, service and education.

LLC structure

Limited liability company.

Lifetime visa option

Visa included in Gold.

Compliance support

Premium includes accounting, audit and tax filing.

Licence types

Licence types available

Commercial licence

Trading of goods.

General trading licence

Wide range of goods.

Industrial licence

Manufacturing and processing.

Service licence

Professional services.

E-commerce licence

Online trading.

Educational licence

Training and education.

Structure

Legal forms, visas and office

ItemDetail
Legal formsFree Zone LLC, Branch
Visa allocationVisa allocation depends on facility. Gold includes one visa.
OfficeFlexi office, offices, warehouses and land.
Process

How setup works

  1. Activity and package

    We match your activities to the zone’s list and choose a package and visa count.

  2. Name and application

    Trade name reserved and application filed with shareholder documents.

  3. Licence issue

    Initial approval, signing of incorporation documents and licence issued.

  4. Establishment card and visas

    Immigration card, entry permits, medicals and Emirates ID.

  5. Bank, VAT and corporate tax

    Bank account support, corporate tax registration and VAT where needed.

Hassam Abbasi, Manager at Balance Brite, outside a glass office building
Hassam AbbasiManager, Balance Brite. Guides clients through RAKEZ setup
Checklist

Documents required

  • Passport copies of all shareholders and managers (valid for at least 6 months)
  • Passport size photographs on a white background
  • Visa or entry stamp copy for UAE residents, or a visit visa page
  • Proof of residential address (utility bill or bank statement)
  • Short business plan or activity description (some zones)
  • For corporate shareholders: certificate of incorporation, memorandum and articles, board resolution and good standing, attested
Indicative costs

RAKEZ packages

Silver

AED 5,999 indicative

  • Business consultation
  • 100% foreign ownership
  • Business licence for 1 year
  • LLC structure
  • Licence and renewal notifications
  • Flexi office
Most chosen

Gold

AED 12,000 indicative

  • Everything in Silver
  • 1 visa
  • Medical fitness test
  • Biometric registration
  • Bank account assistance
  • VAT and corporate tax registration

Premium

AED 49,500 indicative

  • Everything in Gold
  • Accounting and bookkeeping
  • Annual business support services
  • Compliance (UBO, AML)
  • Audit services
  • VAT return and corporate tax filing

Indicative Balance Brite package prices. Government fees change during the year, so we confirm everything in a written quote before you pay. Prices exclude 5% VAT where it applies.

Tax after setup

Free zone companies must register for corporate tax and file a return every year. If the company meets the Qualifying Free Zone Person conditions (adequate substance in the zone, qualifying income, audited accounts, transfer pricing compliance and non qualifying revenue below 5% of total revenue or AED 5 million, whichever is lower) it pays 0% on qualifying income and 9% on the rest. VAT applies as normal unless the zone is a designated zone for goods. Corporate tax registration and VAT registration can be added to any package.

FAQ

RAKEZ questions

Can foreigners own 100% of a RAKEZ company?

Yes, RAKEZ allows full foreign ownership.

How long does RAKEZ setup take?

Usually a few working days to two weeks after documents are complete.

Does RAKEZ have warehouses?

Yes, RAKEZ offers warehouses, factories and land plots across its zones.

Can a free zone company trade with mainland customers?

It can sell to mainland customers through a distributor or agent, or by registering a branch or obtaining a mainland permit where available. Services to mainland clients are possible in many cases. Rules differ by zone and activity.

Do I need to visit the UAE to set up?

Many free zones allow remote setup. You will need to be in the UAE for the visa medical and Emirates ID biometrics.

Hassam Abbasi, Manager at Balance Brite, in a navy pinstripe suit

Speak to our setup manager about RAKEZ

Hassam Abbasi manages company setup at Balance Brite. Share your activity, the visas you need and where your customers are, and he will recommend a jurisdiction and give you a written quote.